Manager, Procurement Shared Services
ABOUT US:
LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a commitment to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies around the world to fund innovation, manage risk and build jobs. It's how we've contributed to supporting the financial stability and growth of communities and economies globally for more than 300 years.
Through a comprehensive suite of trusted financial market infrastructure services and our open-access model we provide the flexibility, stability and trust that enable our customers to pursue their ambitions with confidence and clarity.
LSEG is headquartered in the United Kingdom, with significant operations in 70 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific. LSEG's ticker symbol is LSEG.
OUR PEOPLE:
People are at the heart of what we do and drive the success of our business. Our culture of connecting, creating opportunity and delivering excellence shape how we think, how we do things and how we help our people fulfil their potential.
We embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. We break down barriers and encourage teamwork, enabling innovation and rapid development of solutions that make a difference. Our workplace generates an enriching and rewarding experience for our people and customers alike. Our vision is to build an inclusive culture in which everyone feels encouraged to fulfil their potential.
We know that real personal growth cannot be achieved by simply climbing a career ladder which is why we encourage and enable a wealth of avenues and interesting opportunities for everyone to broaden and deepen their skills and expertise.
As a global organisation spanning 70 countries and one rooted in a culture of growth, opportunity, diversity and innovation, LSEG is a place where everyone can grow, develop and fulfil your potential with meaningful careers.
ROLE PROFILE
Group Procurement is responsible for managing third-party supplier engagements, partnering with the business to drive high performance and sustainable value from our supplier relationships. We aim to make LSEG easier and more attractive to do business with and we consider our suppliers as a source of competitive advantage and not just about cost.
We operate a business partnering and supplier relationship management (SRM) model, aligned to stakeholder groups and spend categories, ensuring value through early and strategic engagement and insightful vendor spend analytics.
Some key characteristics of the Group Procurement organisation:
- Supplier spend c 2BN and c. 5,000 suppliers
- Team structured around:
- Two delivery towers aligned to the master categories of spend (Technology, Services and Corporate), focused on category management, sourcing, supplier relationship management and business partnering
- A Strategy & Performance centre, enabling function to drive and implement the strategy of the Group Procurement function, best in class procurement policy and processes.
- Key hubs for the category teams in London, Bangalore and New York with a small amount of decentralised activity to support local markets which are in various global locations including Europe and Asia
As Manager, Procurement Shared Services, you will lead, develop and empower a team responsible for approving Purchase Requisitions (PRs) and onboarding new suppliers across the LSEG group.
You will drive operational excellence, strengthen controls, ensure compliance with procurement standards and deliver a seamless P2P experience for global internal clients and suppliers.
This role reports to the Head of Strategy & Performance, Group Procurement and you will be part of a transforming procurement organisation focused on innovation, digitisation and continuous improvement.
Key Responsibilities
- Lead the Procurement Shared Service Center (PSSC) team (4 FTE) responsible for PR approvals (managing c. 3bn annual spend) and onboarding approximately 1,000 new suppliers per year.
- Ensure consistent delivery of highquality, compliant procurement services in line with policies and SLAs.
- Serve as the escalation point for complex PR, PO and onboarding issues.
- Drive continuous improvement in P2P processes, data quality, workflow efficiency and control frameworks.
- Ensure strong compliance with procurement policy, contract standards, and governance requirements.
- Act as Subject Matter Expert for P2P processes, advising internal clients and minimising operational risk.
- Work with crossfunctional teams to resolve quality, supplier, and system issues proactively.
- Maintain complete and accurate data across procurement tools
- Support enhancements, implementation and optimisation of procurement technology solutions.
- Partner with global category teams, finance, suppliers, business stakeholders and shared service functions.
- Help internal clients navigate procurement processes, exceptions and system queries
Essential Experience
Proven experience in procurement or buying roles.
Proven track record managing procurement shared services or operational procurement teams.
Experience In Global, Multicountry, Complex Organisations (banking/FinTech Preferred).
Strong understanding of P2P processes, PR/PO workflow, supplier onboarding and controls.
EDUCATION
Bachelor's degree required; Master's preferred.
Professional Procurement qualification desirable (e.g., MCIPS, IAACM, IIMM).
Experience with Oracle Fusion ERP is advantageous.
Technical Skills
Proficiency in procurement systems and tools.
Strong analytical skills (spend analysis, reporting, data accuracy).
Knowledge of procurement policy, compliance, control and contracting frameworks.
Ability to manage multiple ERPs and tools simultaneously
Soft Skills
Excellent leadership and peoplemanagement capabilities.
Strong communication and stakeholdermanagement skills.
Problemsolving, decisionmaking and prioritisation skills.
Proactive, organised, and committed to delivering highquality outcomes and excellent service.
CRITICAL DELIVERABLES
Timely, accurate, fully compliant PR and supplier approvals.
Strong operational controls, data quality, and policy adherence.
Continuous improvement of P2P processes, stakeholder experience and service quality.
Effective team leadership and performance management.
Career Stage:
Manager
London Stock Exchange Group (LSEG) Information:
Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.
Our purpose is the foundation on which our culture is built. Our values of
Integrity, Partnership,
Excellence and
Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.
Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.
We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone's race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants and employees religious practices and beliefs, as well as mental health or physical disability needs.
You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.
LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
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If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.
